Posted Aug 11, 2020, 2:13 AM
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Moderator
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Join Date: May 2006
Location: Right here, right now
Posts: 12,729
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To sum things up based on what us skyscraper nerds know about this project:
There is a 670' version and a 657' version. The site plan in review only mentions the 657' version. So I'm going with 657'.
This is all office, and we all know know that the pandemic and WFH is seriously hurting financing for speculative office towers - assuming this is speculative.
Amidst the economic downfall, Ryan Cos. proactively stated in an ABJ article that they were planning to break ground in January 2021 and that they had an equity partner. That's positive, and Ryan Cos. is a developer that seems to have some in house financing capabilities.
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